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Exclusive Seller Brokerage Engagement Agreement
"I need an Exclusive Seller Brokerage Engagement Agreement under Indonesian law for my luxury villa in Bali, with provisions for international marketing and virtual tours, starting from March 2025, including specific clauses for protection period and digital marketing rights."
1. Parties: Identifies and provides full details of the property owner ("Seller") and the real estate broker ("Broker"), including registration numbers and addresses
2. Background: Establishes the context of the agreement, including the Seller's ownership of the property and desire to engage the Broker's services
3. Definitions: Defines key terms used throughout the agreement including Property, Exclusive Period, Listing Price, Commission, etc.
4. Appointment and Scope: Establishes the exclusive appointment of the Broker and detailed scope of services to be provided
5. Term and Exclusivity: Specifies the duration of the agreement and the nature of the exclusive relationship
6. Broker's Rights and Obligations: Details the Broker's responsibilities, including marketing efforts, showing the property, and reporting requirements
7. Seller's Rights and Obligations: Outlines the Seller's responsibilities, including providing accurate information and property access
8. Commission Structure: Details the commission rate, calculation method, and payment terms
9. Property Listing Price: Specifies the agreed listing price and any price adjustment mechanisms
10. Marketing Authorization: Grants specific permissions for marketing activities and use of property information
11. Representations and Warranties: Contains statements of fact and guarantees from both parties
12. Termination: Specifies conditions and procedures for ending the agreement
13. Governing Law and Dispute Resolution: Establishes Indonesian law as governing law and outlines dispute resolution procedures
14. General Provisions: Includes standard clauses such as notices, amendments, and severability
1. Protection Period: Defines a period after termination during which the Broker remains entitled to commission for specific prospects - include when requested by Broker
2. Sub-Agents Authorization: Permits and regulates the Broker's use of sub-agents - include for larger properties or when Broker operates through a network
3. International Marketing: Special provisions for international marketing efforts - include when targeting foreign buyers
4. Virtual Tours and Digital Marketing: Specific provisions for digital marketing and virtual showings - include for high-end properties or during pandemic conditions
5. Property Management: Additional services related to property management during the listing period - include for vacant properties
6. Multiple Properties: Special provisions for handling multiple properties under one agreement - include when Seller has multiple properties
7. Confidentiality: Detailed confidentiality provisions - include for high-profile sellers or sensitive properties
1. Schedule A - Property Details: Detailed description of the property, including legal description, certificates, and current condition
2. Schedule B - Commission Structure: Detailed breakdown of commission rates, calculation methods, and payment terms
3. Schedule C - Marketing Plan: Comprehensive marketing strategy and activities to be undertaken by the Broker
4. Schedule D - Property Documentation: List of all property-related documents provided by the Seller
5. Schedule E - Authorized Property Price List: Initial listing price and any agreed adjustments over time
6. Appendix 1 - Required Property Disclosures: Mandatory disclosures about property condition and known issues
7. Appendix 2 - Broker's License and Credentials: Copies of the Broker's licenses, certifications, and professional credentials
Authors
Property
Seller
Broker
Exclusive Period
Listing Price
Commission
Closing
Effective Date
Expiration Date
Marketing Materials
Net Sale Price
Offer
Protection Period
Qualified Buyer
Sub-agent
Transaction Documents
Business Day
Confidential Information
Digital Marketing Services
Force Majeure Event
Intellectual Property Rights
Licensed Activities
Marketing Plan
Property Documentation
Purchase Agreement
Sale
Serious Prospect
Territory
Virtual Tours
Exclusivity
Term
Services
Commission
Marketing Authorization
Property Access
Confidentiality
Representations and Warranties
Indemnification
Insurance
Force Majeure
Assignment
Termination
Notice
Governing Law
Dispute Resolution
Entire Agreement
Amendment
Severability
Waiver
Third Party Rights
Compliance with Laws
Data Protection
Anti-Corruption
Authority
Counterparts
Further Assurance
Time of Essence
Costs and Expenses
Real Estate
Property Development
Commercial Property
Residential Property
Industrial Property
Retail Property
Hospitality
Legal Services
Property Management
Construction
Legal
Real Estate
Sales
Business Development
Compliance
Contract Administration
Property Management
Asset Management
Transaction Services
Client Relations
Real Estate Broker
Property Owner
Real Estate Agent
Legal Counsel
Property Manager
Business Development Manager
Sales Director
Compliance Officer
Contract Administrator
Real Estate Partner
Property Developer
Asset Manager
Transaction Manager
Senior Real Estate Associate
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